The company has entered into an agreement with its customer, Equinor, to license and install Automated Drilling Control (‘ADC’) systems on four high-specification, harsh environment rigs and a fifth semisubmersible.
The company will provide transportation and installation of offshore structures, pipelines and pre-commissioning work for the Pan Malaysia field development located off the shore of Sarawak, Malaysia.
The company has reached an agreement to align the its interests, under Santos operatorship, across four exploration permits in the Bonaparte Basin offshore Northern Australia adjacent to a large existing contingent resource.
Wood has secured a new US$13 million contract with Equinor to deliver engineering, procurement, construction, and installation (EPCI) services to the Vigdis boosting station increased oil recovery (IOR) project.
Under the TechnipFMC/DOF joint venture agreement, TechnipFMC will manage flexible pipelay, and DOF will be responsible for marine operations.